Financial Statements

Algoma Central Corporation (ALC.TO)

$16.72

-0.20 (-1.18%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 582675694663-
Net Income 8246245156
Stock Dividends 119-120-0-5618
Dividend Paid -123-18-43-15-12
Retained Earnings 660582675694663

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 842840707770-
Annual Depreciation 977342-63770
Capital Expenditure -32-75-209-0-0
Net PPE 820842840707770

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -8888
New Purchases -----
Intangible and Goodwill 88888

Algoma Central Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Algoma Central Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.